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Published on 8/27/2012 in the Prospect News Emerging Markets Daily.

Moody's: China Resources Gas unaffected

Moody's Investor Services said that China Resources Gas Group Ltd.'s results for the first half of 2012 are broadly in line with expectations, and the company's overall financial metrics continue to support its Baa1 rating.

The outlook remains stable.

The company's strong performance in the first half was driven by a 42% revenue boost resulting from acquisitions and organic growth, according to the agency.


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